Liberty Global and Zain joined existing backers Sky, Catcha and Evolution Media Capital to provide $90m that will help the streaming service expand into Africa and the Middle East.
Malaysia-based online streaming subscription service iFlix has closed more than $90m in a round featuring media groups Liberty Global and Sky, and telecommunications company Zain, the Hollywood Reporter reported on Tuesday.
Evolution Media Capital (EMC), the investment banking entity co-founded by talent agency Creative Artists Agency, also invested in the round, as did Malaysia-based internet company Catcha Group and an undisclosed privately-held investment management firm.
Founded in 2015, iFlix operates a subscription-based video streaming service similar to Netflix that operates…
